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The chart below reflects the average (mean) wage as reported by various data providers. The salary distribution is right-skewed, therefore more than 50% of people earn less than the average gross salary. Thus, the median figures provided further below might be more representative than averages
The gross average monthly wage estimates for 2023 are computed by converting national currency figures from the United Nations Economic Commission for Europe (UNECE) Statistical Database, compiled from national and international (the CIS, Eurostat, the OECD) official sources. Wages in U.S. dollars are computed by the UNECE Secretariat using ...
Career Times is an English-language recruitment weekly for business executives in Hong Kong.It has been published by Hong Kong Economic Times Holdings every Friday since 1997. [1]
Hong Kong has an area of 1,106 square kilometres and a population of about 7,413,070 {2021 Hong Kong Census}. [1] Despite its small size, Hong Kong is currently ranked the 15th largest exporting country in the world as of 2008. [2]
Salaries tax is a type of income tax that is levied in Hong Kong, chargeable on income from any office, employment and pension for a year of assessment arising in or derived from the territory. For purposes of calculating liability, the period of assessment is from April 1 to March 31 of the following year.
A monthly salary of no less than the minimum allowable wage (HK$4,630) set by the government [30] Helpers' rights and obligations include: To perform only the domestic duties outlined in the employment contract; To not accept other employment during the effective period of the contract [29]
The Minimum Wage Ordinance Cap. 608 is an ordinance enacted by the Legislative Council of Hong Kong to introduce a minimum wage in Hong Kong in July 2010. [2] The executive branch proposed a minimum wage of HK$28 (~US$3.61) per hour in November 2010, which the Legislative Council voted to accept after much debate in January 2011.
In the fiscal year 2013/14, Profits tax, an income tax on corporations, constituted the largest source of tax collected by the government, followed by Salaries Tax, an income tax on individuals. [ 4 ]